Thread: Wealth
View Single Post
  #7  
Old 12-07-2006, 11:27 PM
kip Foss kip Foss is offline
Registered User
 
Join Date: Jul 2002
Location: S. Texas
Posts: 1,237
The top 1% have that money because mostly they or their family earned it. If that money were redistributed evenly throughout the world within less than a year the initial 1% would have it all back again and some.

I was in Malaya in the early '70's when the government initiated a program called "bummy putra" (sp). It means 'sons of the soil' and was designed to take the wealth away from the Indians, who controlled the mercantile side of the economy, and the Chinese, who mostly controlled the banking, and give it back to the Malays. To make a long story short, and, as one might imagine, it didn't take but a couple of years for the Indians and the Chinese to get all the money and more back from the Malays.

It is not that the Indians and Chinese are more dishonest than anyone else, it is just that the Malays are not as economically clever as they are. It is the same reason that even in the Black areas of a town you find very few Black business people. There it is mostly Asians. Now, before the Asians bought those stores in the ghettos, everyone of them was available to be bought by a Black or Hispanic. Why didn't they buy them?

Its the same way with non-chain motels. Over 50% are owned by one Indian family, the Patels. I am sick of listening to white Americans whine about Asians buying up all the stores and motels. If they don't like it then why don't they buy these places, work 27 hours a day 9 days a week live on the smell of a bowl of rice like the Asians?

They didn't buy them because US minorities have a different approach to getting ahead. They sit around and wait for it to come to them while the Asians go out and make it happen. Check the newspapers and see who are the top students in most high schools around the country. Mostly it is Asians. Why?

I am sorry for all the poverty in the world but in my opinion the only thing that will stop it is for these people to STOP BREEDING. I know that this isn't going to happen but giving bazillions of bucks to these countries will only fatten their rulers Swiss bank accounts.

Damn, I glad I got that off my chest.
Reply With Quote